or by an agreement entered into between any person and the company for empowering a director or manager or other officer of the company to assign his office to any other person, any assignment of office made in pursuance of the said provision, shall, notwithstanding anything to the contrary contained in the said provisions or in Section 86B of the Indian Companies Act, 1913 (7 of 1913), be void. The emotion-charged dispute between Italy and Yugoslavia about Trieste was settled with the active participation of the United States. Power of Central Government to remove difficulties, 64U. (9)The Authority may in respect of any claim of value of less than twentythousand rupees on an insurance policy, if the claim has not been or is not proposed to be reported upon by a surveyor or loss assessor, direct that such claim shall be reported upon by an approved surveyor or loss assessor and where the Authority makes such direction, the provisions of sub sections (3) and (4) shall apply in respect of such claim. 52BB. (7) Notwithstanding any law or custom having the force of law to the contrary, and assignment in favour of a person made with the condition that itshall be inoperative or that the interest shall pass to some other person on the happening of a specified event during the lifetime of the person whose life is insured, and an assignment in favour of the survivor or survivors of a number of persons shall be valid. If somebody is toady," does it mean they're ugly? (5) An application may be made in relation to the winding up of any secondary company in conjunction with the principal company by any creditor of, or person interested in, the principal or secondary company. 98" were substituted. (1) In this Part, before the date of commencement of the Insurance Regulatory and Development Authority of India Act, 1999, -. And, while many occupational licenses are critical to increasing wages for workers and especially workers of color, some overly restrictive occupational licensing requirements can impede workers ability to find jobs and to move between States. These basic services are available across the board, but if you want private medical care or your own hospital room youll need an additional private healthcare plan. Who are the unbelievers" referred to in The Koran? "The holding will call into question many other regulations that protect consumers with respect to credit cards, bank accounts, mortgage loans, debt collection, credit reports, and identity theft," tweeted Chris Peterson, a former enforcement attorney at the CFPB who is now a law You can ask your dentist for a detailed overview or quote (Heil- und Kostenplan) before agreeing to any treatment, as well as what will be covered by your dental insurance in Germany. It is also the policy of my Administration to enforce the antitrust laws to meet the challenges posed by new industries and technologies, including the rise of the dominant Internet platforms, especially as they stem from serial mergers, the acquisition of nascent competitors, the aggregation of data, unfair competition in attention markets, the surveillance of users, and the presence of network effects. The barter economy during the financial crisis was estimated to have touched $3 billion. Some businesses that may not directly barterwith customers might swap goods or services through membership-based trading exchanges such asITEX or International Monetary Systems (IMS). We favor most sympathetic and constructive execution of the Federal trusteeship over Indian affairs, always in full consultation with Indians in the management of their interests and the expansion of their rights of self-government in local and tribal affairs. Everyone says you shouldn't clean your ears with cotton swabs because you could break an eardrum. Does it matter whether I take the SAT or ACT in my junior year or my senior year of high school? (10) The Central Government may, subject to such restrictions as it may think fit to impose, exempt from the operation of sub-sections (6), (7) and (8) any insurance company, in any case where the total paid-up holding of such insurance company in the shares of any other insurance company exceeds the limits specified in the said sub-sections, if the other insurance company is or is to be made a subsidiary company of the insurance company. Iran has again made its oil reserves available to the world under an equitable settlement negotiated by the United States. Certification of soundness of terms of life insurance business, 4. 1990, c. The provisions of sub-sections (2) and (3) of Section 10, Section 20, sub-section (1) of Section 27, Sections 27-A, 28, 29, 31-A, 31-B 32, 46 and 53A shall apply to provident societies as they apply to insurers, and in such application references to shareholders of an insurer shall be construed as references to members of a provident society and references to Section 7 or Section 98 shall tee construed as references to Section 73: Provided that a provident society may charge a fee not exceeding one rupee for supplying a copy of any document referred to in sub-section (2) of Section 20. How is my GMAT score used by grad schools? Life insurance agents not to be directors of life insurance companies, 48B. What Are College Early Decision and Regular Decision Admissions Plans? With utmost confidence in the future and with justifiable pride in our achievements, the Republican Party warmly greets the dawn of our second century of service in the cause of unity and progress in the Nation. In typing a term paper, what is the proper spacing after a period? Where do the four suits in a deck of cards originate? or to any policy issued by a Mutual insurance Company to which Part lVapplies and which the Authority may by order in writing exempt from the provisions of this section, for so long as the company complies with such conditions, if any, as may be prescribed. (2C) An insurer who does not comply with provisions of sub-sections (2A) shall be deemed to be insolvent and may be wound up by the court. Continual study of additional ways to correct inequities in the effect of various taxes. ), as amended by the Telecommunications Act of 1996, in Protecting and Promoting the Open Internet, 80 Fed. In 1954, 1955 and again in 1956, President Eisenhower recommended constructive amendments to this Act. Federal Government inaction has contributed to these problems, with workers, farmers, small businesses, and consumers paying the price. 19738 (Apr. It can arise either during the production or the consumption of a good or service. the manner in which enquiries and proceedings may be held under this section. (8) A deposit made in cash shall be held by the Reserve Bank of India to the credit of the insurer and shall except to the extent, if any, to which the cash has been invested in securities under sub-section (9A), be returnable to the insurer in cash in any case in which under the provisions of this Act a deposit is to be returned; and any interest accruing due and collected on securities deposited under sub-section (1) or sub-section (2) shall be paid to the insurer, subject only to deduction of the normal commission chargeable for the realization of interest. Record numbers of farms are owned by those who operate them. Its usually a fairly straightforward process, and involves taking your passport and residence permit to a regional office and filling out the forms. What is the difference between an atheist and an agnostic? Over time, we've evolved with the changing needs of our Members and Associate Members, within Alberta and beyond, to remain relevant and valued to those we serve. (2) No insurance agent shall be paid or contract to be paid by way of commission or as remuneration in any form an amount exceeding, in the case of life insurance business, forty per cent of the first years premium payable on any policy or policies effected through him and five per cent of a renewal premium, payable on such a policy, or, in the case of business of any other class, fifteen per cent of the premium: (2A) Save as hereinafter provided, no insurance agent or intermediary or insurance intermediary shall be paid or contract to be paid by way of commission or as remuneration in any form any amount in respect of any policy not effected through him: (3) Nothing in this section shall prevent the payment under any contract existing prior to the 27th day of January, 1937, of gratuities or renewal commission to Many person, whether an insurance agent within the meaning of this Act or not, or to his representatives after his decease in respect of insurance business effected through him before the said date. (2) In fixing, amending or modifying any rates, advantages, terms or conditions, relating to any risk, the Advisory Committee shall try to ensure, as far as possible, that there is no unfair discrimination between riskofessentially the same hazard, and also that consideration is given to past and prospective loss experience: Provided that the Advisory Committee may, at its discretion, make suitable allowances for the degree of credibility to be assigned to the past experience including allowances for random fluctuations and may also, at its discretion, make suitable allowances for future fluctuations and unforeseen future contingencies including hazards of conflagration or catastrophe or both. Policy. (6) The Authority may, in like-manner, add to, amend or vary any scheme made under this section. I'm curious about converting Celsius to Fahrenheit, or Fahrenheit to Celsius. It is to the benefit of the United States, as well as to all nations everywhere, that the uses of atomic energy be explored and shared. What does the endoplasmic reticulum (ER) do? The act was written by Senator Robert Actuarial examination of schemes, 84. Where did the chair originate from? Supplements information and reports of alterations in particulars furnished with application for registration. (b) is being managed in a manner detrimental to the public interest or to the interests of his policy-holders, or share-holders. any other reports on which the scheme of amalgamation or transfer was founded; and the balance-sheets, reports and abstracts referred, that the Authority may exempt the provident society or societies concerned from furnishing to him and from keeping open for inspection any one or more of the above documents. It's impossible to sneeze with your eyes open, so when you drive a car, is it against the law to sneeze? (c) that the scheme is otherwise reasonable, it may sanction the scheme and thereupon the scheme shall become binding on the company and on all the persons concerned. What does that mean? (2) Each Regional Committee shall consist of not more than seven persons of which not more than five shall be elected by such groups of insurers carrying on generalinsurance business in the region as may be prescribed and not morethan two shall be nominated by the Authority. We condemn illegal lobbying for any cause and improper use of money in political activities, including the use of funds collected by compulsion for political purposes contrary to the personal desires of the individual. (or in the case of a re-insurer carrying on exclusive re-insurance business, by fifty per cent. the manner in which it shall be determined which of the transactions of an insurer are to be deemed for the purposes of this Act tobe insurance business transacted in. 'Indian re-insurer" means an insurer specified in sub-clause (b) of Clause (9) of Section 2 who carries on exclusively re-insurance business and isapproved in this behalf by the Central Government. Publication of notices and documents of Mutual. We will overlook no opportunity that, with prudence, can be taken to bring about a progressive elimination of the barriers that interfere with the free flow of news, information and ideas, and the exchange of persons between the free peoples and the captive peoples of the world. A Spanish non lucrative visa is a permit to enter Spain for the purpose of residing without working anywhere, only living on passive income such as pensions, rents or dividends.It is categorized as a Spanish long term visa. Short title, extent and commencement, 2A. I don't think it was supposed to be a compliment. (1) The Advisory Committee may constitute such Regional Committees as and when it deems fit for one or more of the prescribed regions. balance-sheets in respect of the insurance business of each of the provident societies concerned in such amalgamation or transfer. (3) An appeal shall lie from any order made under stub-section (1) to the authority authorised to hear appeals from the decisions of the Court making the same and the decision on such appeal shall be final. See the table of Through the White House Conference on Education, our Republican Administration initiated the most comprehensive Community-State-Federal attempt ever made to solve the pressing problems of primary and secondary education. Explain probability to me (and how about some examples)? (2) Any commission payable to an insurance agent under the provisions of clause (b) and (c) of the proviso to sub-section (1) shall, notwithstanding the death ofthe agent, continue to be payable to his heirs for so long as such commission would have been payable had such insurance agent been alive. Statement of investments of assets, 28A. (3) The authorised officer may, where it is not practicable to seize any such book, account or other document, specified in sub-section (1), serve an order on the person who is in immediate possession or control thereof that he shall not remove, part with or otherwise deal with it except with the previous permission of such officer and such officer may take such steps as may be necessary for ensuring compliance with this sub-section. (2) The manner and procedure for divesting the excess share capital under sub-section (1) shall be specified by the regulations made by the Authority. (2) For the purposes of sub-section (1), the Authority may, by notification in the official Gazette,. What do they represent? Is there a better way of understanding it? (1) The Central Government may make a scheme for carrying out the purposes of Sections 52 H and 52J to 52-M (both inclusive) in relation to the acquired insurer. This can be attained only in an economy that, as today, is sound, free and creative, ever building new wealth and new jobs for all the people. Chairman, etc. Temporary visitors from outside the EU member area may also be able to claim state healthcare under reciprocal agreements with their home country. Power of the Advisory Committee to regulate rates, advantages, etc. Mental health, as defined by the Public Health Agency of Canada, is an individual's capacity to feel, think, and act in ways to achieve a better quality of life while respecting the personal, social, and cultural boundaries. Notwithstanding anything contained in any other law, in ascertaining for any purpose of this Act the solvency or otherwise of an insurer no account shall be taken of any assets of the insurer consisting of unpaid-up share capital. After the fertilised egg undergoes embryo culture for 26 days, Return of investments relating to controlled fund and changes therein, 28B. 110A. What are the first-person, second-person, and third-person points of view? (ii) the investment is made or in the case of any investment already made, the continuance of such investment is with the consent of all the directors, other than the directors appointed under Section 34-C, present at a meeting and eligible to vote, special notice of which has been given to -all the directors then in India, and all such investments, including investments in which any director is interested, are reported without delay to the Authority with full details of investments and the extent of the director's interest in any such investment: (4) An insurer shall not invest or keep invested any part of his assets in the shares of any one banking company or investment company more than-, (5) An insurer shall not invest or keep invested any part of his assets in the shares or debentures of any one company other than a banking company or investment company more than. (2) The Tribunal may hold the whole or any part of its inquiry. On our initiative, the political aspects of NATO are being developed. For my English homework, I have to write a love poem. Authorities of the Life Insurance Council and the General Insurance, 64F. Repealed by the Insurance (Amendment) Act. Over time, we've evolved with the changing needs of our Members and Associate Members, within Alberta and beyond, to remain relevant and valued to those we serve. Senators originally chosen? After I take the ASVAB, what is my obligation to the military? (Or in the case of a re-insurer carrying on exclusive re-insurance business, fifty percent),by that greater percentage; and. I have a friend who said something about phantasmagoric. (6) Any rights and remedies of an assignee or transferee of a policy of life insurance under an assignment or transfer affected prior to the commencement of this Act shall not be affected by the provisions of this section. (7) Securities already deposited with the Controller of Currency in compliance with the Indian Life Assurance Companies Act, 1912 (6 of 1912), shall be transferred by him to the Reserve Bank of India and shall, to the extent of their market value as at the date of the commencement of this Act, be deemed to be deposited under this Act, as the instalment or as part of this instalment to be made under the foregoing provisions of this section before the application for registration is made whether any such application is or is not in fact made. I need to download some pictures of Juliet. (2) The orders to which this section applies are the following namely: an order for the attachment in execution of a decree of any deposit made underSection 7 or Section 98; an order under Section 9 or Section 59 for the return of any such deposit; an order under Section 36 sanctioning any arrangement for the transfer oramalgamation of life insurance business or any order consequential thereon; an order for the winding up of an insurance company or a provident society; an order under Section 58 confirming a scheme for the partial winding up of aninsurance company; order under Section 89 reducing the amount of the insurance contracts of a provident society. See the table of A rectangle swimming pool is 24m longer than it is wide and is surrounded by a deck 3m wide. Do you have any tips for doing well on the AP Chemistry test? Why can't you be rude or sarcastic in your thesis statement? (3) An application for permission to make a payment into Court under this section, shall be made by a petition verified by an affidavit signed by a principal officer of the insurer setting forth the following particulars, namely: (4) An application under this section shall not be entertained by the Court if the application is made before the expiry of six months from the maturing of the policy by survival, or from the date of receipt of notice by the insurer of the death of the insured, as the case may be. Amendment of provisions relating to appointments of managing, directors, etc., to be subject to previous approval of the Authority, 34B. 40101 et seq.) A contract is a legally enforceable agreement that creates, defines, and governs mutual rights and obligations among its parties. (3) No insurer shall, after the commencement of the Insurance (Amendment) Act, 1950 (47 of 1950), appoint any person as a principal agent except in a presidency-town unless the appointment is by way of renewal of any contract subsisting at such commencement. 37A so far as they may apply; (d) the continuance of the rights of any person who, on the appointed day, is entitled to, or is in receipt of, a pension or other superannuation or compassionate allowance or benefit from the acquired insurer or any provident, pension or other fund or any authority administering such fund to be paid by, and to receive from the Central Government or the acquiring insurer, as the case may be, or any provident, pension or other fund or any authority administering such fund, the same pension, allowance or benefit so long as he observes the conditions on which the pension, allowance or benefit was granted, and if any question arises whether he has so observed such conditions, the question shall he determined by the Central Government and the decision of the Central Government thereon shall be final; (e) the manner of payment to the acquired insurer in full satisfaction of his claim in relation to the compensation payable in accordance with the provisions of Section 52J; (f) the provision, if any, completing the effectual transfer to the Central Government or the acquiring insurer of any asset or liability which forms part of the undertaking of the acquired insurer in any country outside India; (g) such incidental, consequential and supplemental matters as may be necessary to secure that the transfer of the undertaking, property, assets and liabilities of the acquired insurer to the Central Government or the acquiring insurer, as the case may be, is effectual and complete. Insurers to be subject to this Act while liabilities Main unsatisfied, 2E. What tips can you give me for studying for a test on something I've read? Is 8 hours of sleep really that important? (f) To better protect workers from wage collusion, the Attorney General and the Chair of the FTC are encouraged to consider whether to revise the Antitrust Guidance for Human Resource Professionals of October 2016. What is the length and width of the rectangle? The Republican Party pledges that it will continue this imaginative, world-embracing program. The threat of global war increased daily. We recognize that no single nation can alone defend the liberty of all nations threatened by Communist aggression or subversion. Can alone defend the liberty of all nations threatened by Communist aggression or subversion and paying. The political aspects of NATO are being developed among its parties authorities of Advisory... 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